Red Rock Resorts Inc (OQ:RRR)

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
See Regulatory Filings on SEC
Company Contact
Address: 1505 S Pavilion Center Dr
LAS VEGAS NV 89135-1403
Tel: N/A
IR: See website
Key People
Frank J. Fertitta
Chairman of the Board, Chief Executive Officer
Richard J. Haskins
Stephen L. Cootey
Chief Financial Officer, Executive Vice President, Treasurer
Robert A. Finch
Chief Operating Officer, Executive Vice President
Jeffrey T. Welch
Executive Vice President, Chief Legal Officer
Business Overview
Red Rock Resorts, Inc. is a gaming, development and management company. The Company's segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements. It provides gaming and entertainment for residents of the Las Vegas regional market and visitors. Its Las Vegas portfolio includes approximately 10 gaming and entertainment facilities and over 10 smaller casinos, offering approximately 20,300 slot machines, over 350 table games and approximately 4,750 hotel rooms. The Company offers a range of gaming and non-gaming entertainment options. It also controls over seven gaming-entitled development sites consisting of approximately 398 acres in Las Vegas and Reno, Nevada. The Company manages and owns interest in Station Casinos LLC, which is the provider of gaming and entertainment.
Financial Overview
For the nine months ended 30 September 2019, Red Rock Resorts Inc revenues increased 12% to $1.4B. Net loss totaled $8.2M vs. income of $148.6M. Revenues reflect Las Vegas operations segment increase of 12% to $1.32B, Native American management segment increase of 5% to $69.9M. Net loss reflects Tax receivable agreement liability adjus decrease of 100% to $97K (income).
Employees: 13,800 as of Jan 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $5,684M as of Sep 30, 2019
Annual revenue (TTM): $1,827M as of Sep 30, 2019
EBITDA (TTM): $489.55M as of Sep 30, 2019
Net annual income (TTM): $0.77M as of Sep 30, 2019
Free cash flow (TTM): -$315.76M as of Sep 30, 2019
Net Debt Last Fiscal Year: $2,944M as of Sep 30, 2019
Shares outstanding: 117,149,329 as of Oct 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization